The EIU view

The People's Progressive Movement and the Cayman Democratic Party (former rivals) will govern in an uneasy coalition. After several years of austerity, the state will invest in infrastructure upgrades with a view to diversifying the economy away from financial services and towards the growing tourism sector, which has grown strongly amid hurricane damage elsewhere. GDP growth is expected to remain strong in 2019-20, driven by the recent tourism surge, but to still remain contained.

Territory undergoing real estate boom
Increased tourism is driving a push to construct new hotels and luxury private developments, which have sparked concerns that the territory is becoming overdeveloped.